US LBM Holdings, the fast-growing acquisition-oriented lumberyard company has struck again.
The Green Bay, Wis.-based holdings company acquired New Holland, Pa.-based Musselman Lumber from partners Galen Eby, Joe Good and Bob Quinlivan.
Founded in 1911, Musselman is a building material supplier in Central Pennsylvania with two locations serving Lancaster, Pa. and its surrounding counties.
“We are excited to join the US LBM team and the opportunity it brings to provide our customers with continued enhancements to our product and service offering,” said Eby. “Musselman has been a key partner in the development and growth of our communities for more than 100 years. Joining the US LBM team ensures that we will be a contributor for many years to come.”
The acquisition brings the number of US LBM Holdings divisions to nine and marks its 10th acquisition since 2010.
Musselman adds to US LBM’s presence in the Pennsylvania market, with recently acquired Shelly Enterprises serving eastern Pennsylvania since 1923, John H. Myers & Son serving south central Pennsylvania since 1916 and Universal Supply serving the Philadelphia market since 1965.
“Musselman is a great addition to the US LBM team, expanding our presence and capabilities in the Pennsylvania market,” said L.T. Gibson, president and CEO of US LBM. “Musselman's dedicated and knowledgeable team of associates have succeeded by providing a local feel and focus to their customer needs, which aligns perfectly with the goals of US LBM. We look forward to continuing and expanding upon their success.”
US LBM, recipient of the 2013 HCN Pro Dealer of the Year Award, is a collection of nine leading building material distributors serving the Midwest, Northeast and Mid-Atlantic in eight states, with more than 50 locations.